“The recent discovery of a significant exposed gold mineralization system located within our greater Santa Rita concession area is extremely exciting and confirms our belief that the areas surrounding the Cerro de Oro project area are prime targets for the development of additional gold resources,” said Darren Koningen, CEO of Minera Alamos.
“With social media participation becoming more and more important for companies such as ours, we are very pleased to be continuing our relationship with AGORACOM, whose forums are built specifically to facilitate intelligent discussions,” stated Joanne Freeze, President and CEO of Xali Gold.
The second hole is directed at a shallow angle to the north and has been designed to intersect the high chargeability anomaly at depth, as well as a zone of circular concentric fracturing interpreted to represent an intrusive centre, all within the lithocap alteration footprint.
“I am very pleased with the re-election of Directors and look forward to continued work with each of them as we build our future in Mexico and beyond. We have an accomplished, skilled and diverse group of Directors – and for the first time in our history have achieved gender parity on our Board – something we are very proud of as we continue to do our part to seek greater diversity within the mining industry.”
Orex’s President & CEO, Ben Whiting, P.Geo., states: “It is always exciting to start a new phase of exploration and diamond drilling is one of the most important steps. We and our joint venture partners look forward to advancing the Sandra Silver-Gold Project.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb commented, “Our primary focus remains on delivering updated mineral resource estimates for the San Marcial and Plomosas Mine Areas in Q1|23. We cannot, however, ignore the rich potential of the wholly owned, 432 km2 Plomosas Project in its entirety, with several strong regional, northwest-trending structures that remain untested over a combined 75 km strike length. The results released today are an indicator of the potential of the project’s pipeline targets, which we will reveal going forward.”
“Our intention is to add additional silver and gold concentrate production through an independent gravity separation circuit. This will allow us to expand overall production at El Cubo without interfering with the regular flow of material through our processing facility.”
“We are excited for this next stage of drilling at Pilar, as we feel the potential to expand the known areas of mineralization is very significant,” commented Brodie Sutherland, CEO. “All of these targets have compelling surface geochemistry that warrant further evaluation. Information collected here will be instrumental to the next steps of development as we look to utilize substantial funding to fully unlock the potential of Pilar.”
“I am delighted to welcome Peter Bojtos as Chairman of the Board,” said David Wolfin, President and CEO. “Peter’s wealth of experience from every stage of mining and extensive leadership expertise will continue to be invaluable as we move forward in growth.”
Sonoro Gold Corp. is pleased to announce that, in response to strong investor demand, the Company is increasing its previously announced non-brokered private placement from 13,500,000 Units to 16,000,000 Units for gross proceeds of up to $2,400,000.
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